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    2995 Fort Union Blvd Cottonwood Heights, UT 84121

    Sponsored
    For Sale
    $6,700,000

    Utah Gas Station - Prime Location

    Property size:
    1,377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a thriving Exxon gas station located at 2995 Fort Union Blvd, Cottonwood Heights, UT 84121. The property boasts a 1,377 square foot building situated on a 0.39-acre lot, zoned Neighborhood Commercial. Built in 1998, this single-story structure features four gas pumps and is currently operating under a profitable Exxon Mobile contract with eight years remaining. The property's strong financial performance is evidenced by 2023 annual sales totaling $3.5 million, comprising 608,390 gallons of fuel and $898,538 in inside sales. A recent addition of a new beer cooler has significantly boosted inside sales and profits. Financial projections and historical data are available for review. The owner is actively pursuing the addition of two charging stations, presenting further growth potential. This established business benefits from a prime location in a thriving area with a diverse customer base, making it an attractive investment for those seeking a strong return in the gas station market. Fixtures, furniture, and equipment will be itemized separately during contract negotiations.

    Property Features for 2995 Fort Union Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    1,377 SF
    Lot Size
    16,988 SF

    Building Details

    Year Built
    1998
    Buildings
    1
    Stories
    1

    HighLights

    • Thriving Exxon gas station with 8 years remaining on a profitable contract.
    • 2023 sales totaled $3.5 million, including 608,390 gallons of fuel and $898,538 in inside sales.
    • Recent beer cooler addition significantly boosted inside sales and profits.
    • 1,377 SF building on a 0.39‑acre lot, zoned Neighborhood Commercial, in Cottonwood Heights, UT.
    • Fixtures, furniture, and equipment (FF&E) to be itemized separately during contract negotiations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Just Digital Coin ... Crypto Atm Food Mart Convenience Store Exxon Gas Station LibertyX Bitcoin ATM Atm

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cottonwood Heights
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8082077
    Latitude
    40.624309

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    FAQs

    What type of property is this?
    Automotive property - Utah Gas Station - Prime Location
    Where is this automotive property located?
    The property is located at 2995 Fort Union Blvd Cottonwood Heights, UT.
    What is the asking price?
    The asking price for this property is $6,700,000.
    What are key features of this property?
    This property features: Thriving Exxon gas station with 8 years remaining on a profitable contract.; 2023 sales totaled $3.5 million, including 608,390 gallons of fuel and $898,538 in inside sales.; Recent beer cooler addition significantly boosted inside sales and profits.
    Request Owner's contact information
    2995 Fort Union Blvd Cottonwood Heights, UT 84121
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2995 Fort Union Blvd Cottonwood Heights, UT 84121
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